Category Description:

This major group includes real estate operators, and owners and lessors of real property, as well as buyers, sellers, developers, agents, and brokers. Establishments primarily engaged in the construction of buildings for sale (operative builders) are classified in Industry 1531.

Included in this industry group are real estate operators (except developers) and lessors. Lessees or lessors engaged in the development or improvement of unimproved real property are classified according to the principal activity performed. This group includes operators of apartment hotels and residential mobile home sites, but does not include hotels, rooming and boarding houses, camps, travel trailer parks, and other lodging places for transients which are classified in Services, Major Group 70. "Operators" in this group will be interpreted as owner-operators. Establishments primarily engaged in renting, buying, selling, managing, and appraising real estate for others are classified in Industry 6531.

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